FINANCING YOUR CONSTRUCTION PROJECT
Typically, owners structure financing through a real estate holding company, which holds the construction property and the loans to limit risk for owners and their businesses. CONSTRUCTION LOANS A construction loan pays for up-front project costs. In most cases, you’ll make interest-only payments during construction, meaning once construction is
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HOW TO MANAGE A HEALTHCARE CONSTRUCTION …
www.korteco.com• The organization’s capital improvement plans, such as new construction, expansion or renovation of facilities. While that last point is most immediately related to a construction project, capital improvement plans cannot be made without a full understanding of the other points included in the list above.
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